$1,300,000
SOLD JUL 8, 2025

1004 Newton Rd Iowa City, IA 52246

-- Bed
-- Bath
3,360 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$387 Per Sq Ft

52 Days on Market

Highlights

  • Forced Air Heating System
  • Heating System Uses Steam
  • 5-minute walk to Duane Banks Baseball Stadium
  • Norman Borlaug Elementary School Rated A-

About This Home

As of July 2025

UNIQUE PROPERTY FOR SALE! TAILGATERS DREAM! ASSOC. DOCS has full info. - Located within walking distance to Carver and Kinnick. Corner lot with parking. 3 stall garages have been used in the past for game day events by the Owners and has a restroom. SALE INCLUDES 1004 NEWTON ROAD & 7 VALLEY AVE which are one parcel. 1004 Newton Road is a 2-story home with 4 rental units at $450/mo. each for $1,800 or $21,600 Annually. Tenants pay all Utilities. Annual Insurance is approx. $1,500. New roof in 2015. 7 Valley Ave is 4 rental units above a 3-stall garage, built in 1985 and rent for $650-$675 /mo. each, total of $2,675, or $32,100 Annually. Annual Insurance is approx. $2,500. Landlord provides: Water/Sewer/Garbage with a monthly Average of $133 or $1,596 Annually.

Last Agent to Sell the Property

Karla Davis

GATEWAY ACCESS REALTY Listed on: 05/16/2025

Co-Listed By

Chris Eden

GATEWAY ACCESS REALTY

Last Buyer's Agent

Karla Davis

GATEWAY ACCESS REALTY Listed on: 05/16/2025

Property Details

Home Type

  • Multi-Family

Parking

  • 4 Parking Spaces

Home Design

  • 3,360 Sq Ft Home
  • Frame Construction

Kitchen

  • Oven or Range

Schools

  • Lincoln Elementary School
  • Southeast Middle School

Utilities

  • Forced Air Heating System
  • Heating System Uses Steam
  • Internet Available

Additional Features

  • Unfinished Basement

Community Details

  • 8 Units
  • Gross Income $53,700

Listing and Financial Details

  • Assessor Parcel Number 1009290013

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: UNIQUE PROPERTY FOR SALE! TAILGATERS DREAM! ASSOC. DOCS has full info. - Located within walking distance to Carver and Kinnick. Corner lot with parking. 3 stall garages have been used in the past for game day events by the Owners and has a restroom. SALE INCLUDES 1004 NEWTON ROAD & 7 VALLEY AVE which are one parcel. 1004 Newton Road is a 2-story home with 4 rental units at $450/mo. each for $1,800 or $21,600 Annually. Tenants pay all Utilities. Annual Insurance is approx. $1,500. New roof in 2015. 7 Valley Ave is 4 rental units above a 3-stall garage, built in 1985 and rent for $650-$675 /mo. each, total of $2,675, or $32,100 Annually. Annual Insurance is approx. $2,500. Landlord provides: Water/Sewer/Garbage with a monthly Average of $133 or $1,596 Annually.
  • Tax Year Report: 2023
  • Rental Permit: Yes
  • Directions: Hwy 6 E to South on Valley Ave - property on corner of Valley Ave & Newton Road
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Other
  • Basement Remarks: Unfinished
  • Possession R: Immediate, Negotiable
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Sq Ft Above: 3360

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 4 or More Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Forced Air, Steam/Hotwater

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Lincoln
  • Middle School: Southeast
  • High School: City
  • High School: City
  • Jr Middle School: Southeast
  • Elementary School: Lincoln

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 8,991 sq ft
  • Zoning: MF

Tax Info

  • Gross Tax County City: 9034.94
  • Assessor Parcel Number: 1009290013

Multi Family

  • Units Total: 8

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Sold $1,300,000 0.0% $387 / Sq Ft
05/16/2025 05/16/25 For Sale $1,300,000 -- $387 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Karla Davis

    Seller's Agent in 2025

    Karla Davis

    GATEWAY ACCESS REALTY

    (319) 981-0890

    815 Total Sales

    Karla Davis
    Section Image
  • Chris Eden

    Seller Co-Listing Agent in 2025

    Chris Eden

    GATEWAY ACCESS REALTY

    (877) 481-6112

    714 Total Sales

    Chris Eden
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202503298

Iowa City Area Association of REALTORS®

APN: 1009290013

Iowa Johnson County Iowa City 52242

1004 Newton Rd, Iowa City, IA

This home is located at 1004 Newton Rd, Iowa City, IA 52246 and is currently priced at $1,300,000, approximately $386 per square foot. 1004 Newton Rd is a home located in Johnson County with nearby schools including Norman Borlaug Elementary School, Northwest Junior High School, and West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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